Victory Fasteners Ltd, a supplier of high-grade alloy fasteners, has built a notable reputation for supporting its distribution customer base – both within the UK and Europe.
The company, which started in 2013 with just four members of staff, is today driving towards a turnover of over GB£2.5 million, with 20 employees and boasts a stockholding of over GB£800,000 from its 10,000 square foot operation.
Mike Cooke, director and general manager, gives us an overview of the company’s growth: “Investment in the stock range has always been a top priority for Victory Fasteners. Due to the excellent relationships we have with our approved supply base, the majority of which have been partners in previous businesses for over 20 years, customers can depend on Victory to meet their product needs at the highest quality.”
In addition to offering volume stock of all standard parts in Grades 10.9/12.9, Victory also reports that it offers one of the largest ranges of unthreaded blanks and semi-finished products across Europe – predominantly in Grades 10.9/12.9 and European B7/L7, in all head styles.
Responding to increasing customer demand for non-standard Grade 8.8 bolts and sets, Victory has now also complemented its extensive stock with a new range of Grade 8.8 hexagon blanks and setscrews from M12 > M64 x 800mm.
In 2018 the company implemented a new Merlin software system, which has enabled it to undertake advanced business analysis – resulting in greater efficiencies and tighter control of batch traceability and certification processes. With the majority of products manufactured within Europe and the Far East, quality documentation support is a top priority. All stock is recorded by lot/heat and behind each certified product sits the 3.1 certificate and copy mill, if applicable, enabling access to chemical and hardness figures without any delays.
“With my manufacturing background I have also driven the company to purchase its first CNC machine centre, which gives us the ability to control much more of the production from start to finish, including delivering a better quality of thread and the ability to machine larger diameters,” mentions Mike. “Having gone so well, we are already considering purchasing a second machine. It’s important that as a company that we continue to push into new markets and new products hence the 8.8 range, which fits nicely into the existing profile and should sell well.”
He adds: “The company’s growth is down to not only hard work and ambition, but a committed investment across all areas of the business. This includes our purchasing and sales teams, where we are pleased to announce the appointment of Lee Howell as sales manager within the company. We are a friendly and informed team with our sales department able to talk, with confidence, about our wide product range, their applications, quality criteria, and how best to approach a quotation to offer the most competitive pricing structure. We are a fairly young company, but we’re built on a firm foundation of fastener experience.”
Will joined Fastener + Fixing Magazine in 2007 and over the last 15 years has experienced every facet of the fastener sector - interviewing key figures within the industry and visiting leading companies and exhibitions around the globe.
Will manages the content strategy across all platforms and is the guardian for the high editorial standards that the Magazine is renowned.
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